Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Economic Indicator

Fed to start cutting rates in July – ABN Amro

Source Fxstreet

Analysts at ABN Amro share an update to their Federal Reserve (Fed) policy outlook following the latest inflation data.

Total of three 25bp cuts expected in 2024

"We now expect the Fed to start cutting rates in July (previously June), with a pause in September, and a total of three 25bp cuts expected in 2024 (previously five). Rates are expected to fall to the estimated neutral level of 3% by November 2025."

"We do not think the Fed is wedded to changing policy in quarterly projection months, and nor do we think the election timing is a significant factor. Our ECB view is unchanged; it would take a much sharper move in the euro to affect ECB cuts. Rates forecast update: The change in Fed view raises our near-term short-end yield forecasts for the US, but long-end yield forecasts are much less impacted. Our euro rates forecasts are mostly unchanged."

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Gold Price Forecast: Gold Price Falls Below $4,000, PCE Data May Push Gold Down to $3,900 As of today (June 25) during the Asian session, gold ( XAUUSD) was last priced at $3,976.90, down 0.54% on the day. After gold prices fell below $4,000 yesterday, they fluctuated around $

Author TradingKey

11 hours ago

As of today (June 25) during the Asian session, gold ( XAUUSD) was last priced at $3,976.90, down 0.54% on the day. After gold prices fell below $4,000 yesterday, they fluctuated around $

Crypto market sheds over 50% of its value amid Bitcoin's brief decline below $60K The crypto market has erased more than half of its value since reaching an all-time high in late 2025. The decline underscores the severity of the recent bear market and lack of a fresh catalyst to revive investor interest, according to a Wednesday X post by The Kobeissi Letter.

Author FXStreet

18 hours ago

The crypto market has erased more than half of its value since reaching an all-time high in late 2025. The decline underscores the severity of the recent bear market and lack of a fresh catalyst to revive investor interest, according to a Wednesday X post by The Kobeissi Letter.

Gold Price Trend Forecast: Gold Price Risks Falling Below $4,000, PCE Data Is Key As of the European session today (June 24), gold prices ( XAUUSD) remained weak and fell intraday, touching an intraday low of $4,050 to hit a near two-week low, signaling clear short-ter

Author TradingKey

Yesterday 09: 11

As of the European session today (June 24), gold prices ( XAUUSD) remained weak and fell intraday, touching an intraday low of $4,050 to hit a near two-week low, signaling clear short-ter

$4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US Dollar Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday.

Author FXStreet

Yesterday 06: 10

Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on Wednesday.

WTI languishes near March lows, holds above mid-$72.00s amid easing supply concerns West Texas Intermediate (WTI) – the benchmark US Crude Oil price – consolidates during the Asian session on Wednesday and currently trades just above mid-$72.00s, near its lowest level since early March, touched the previous day.

Author FXStreet

Yesterday 01: 16

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – consolidates during the Asian session on Wednesday and currently trades just above mid-$72.00s, near its lowest level since early March, touched the previous day.

Popular Symbols